Groupe la Francaise Lowers Holdings in Procter & Gamble Company (The) $PG

Key Points

• Groupe la Francaise reduced its holdings in Procter & Gamble by 4.9%, now owning 88,189 shares valued at approximately $14.76 million as per their latest SEC filing.
• Wall Street analysts have varied views on Procter & Gamble, with target prices ranging from $160.00 to $180.00 and an average rating of "Moderate Buy."
• Insider selling was significant, with CEO Gary A. Coombe selling over 10,194 shares for about $1.61 million, leading to a significant reduction in his ownership stake.

Groupe la Francaise trimmed its holdings in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 4.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 88,189 shares of the company's stock after selling 4,547 shares during the period. Groupe la Francaise's holdings in Procter & Gamble were worth $14,762,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Navigoe LLC purchased a new position in shares of Procter & Gamble in the fourth quarter valued at about $31,000. Capital A Wealth Management LLC purchased a new position in shares of Procter & Gamble in the fourth quarter valued at about $31,000. 10Elms LLP purchased a new position in shares of Procter & Gamble in the fourth quarter valued at about $34,000. Mizuho Securities Co. Ltd. lifted its position in shares of Procter & Gamble by 566.7% in the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company's stock valued at $34,000 after acquiring an additional 170 shares in the last quarter. Finally, Sunbeam Capital Management LLC purchased a new position in shares of Procter & Gamble in the fourth quarter valued at about $34,000. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

PG has been the topic of a number of research analyst reports. Piper Sandler boosted their target price on Procter & Gamble from $160.00 to $164.00 and gave the stock a "neutral" rating in a research report on Monday, May 5th. UBS Group set a $180.00 target price on Procter & Gamble and gave the stock a "buy" rating in a research report on Wednesday, July 30th. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $170.00 target price (down from $178.00) on shares of Procter & Gamble in a research report on Friday, July 25th. Truist Financial decreased their target price on Procter & Gamble from $185.00 to $180.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. Finally, Evercore ISI reiterated an "in-line" rating and issued a $170.00 target price (down from $190.00) on shares of Procter & Gamble in a research report on Monday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $175.94.

Insider Buying and Selling at Procter & Gamble

In other news, CEO Gary A. Coombe sold 10,194 shares of the company's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total transaction of $1,612,283.04. Following the transaction, the chief executive officer owned 34,978 shares of the company's stock, valued at approximately $5,532,120.48. This represents a 22.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Sundar G. Raman sold 9,554 shares of the company's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $158.16, for a total value of $1,511,060.64. Following the transaction, the chief executive officer directly owned 41,886 shares in the company, valued at approximately $6,624,689.76. This represents a 18.57% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 119,181 shares of company stock valued at $18,761,172. Corporate insiders own 0.18% of the company's stock.

Procter & Gamble Trading Down 0.1%

Shares of PG stock opened at $158.5140 on Friday. Procter & Gamble Company has a 1 year low of $149.91 and a 1 year high of $180.43. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. The stock's 50 day simple moving average is $156.79 and its two-hundred day simple moving average is $162.97. The company has a market cap of $371.30 billion, a PE ratio of 24.35, a price-to-earnings-growth ratio of 4.19 and a beta of 0.37.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The business had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.79 billion. During the same period in the prior year, the business posted $1.40 earnings per share. The company's quarterly revenue was up 1.7% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Research analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, July 18th were given a dividend of $1.0568 per share. The ex-dividend date was Friday, July 18th. This represents a $4.23 dividend on an annualized basis and a yield of 2.7%. Procter & Gamble's dividend payout ratio is 64.98%.

Procter & Gamble Company Profile

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.

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